Breaking the $1 trillion trade surplus barrier reveals an economy propped up by export dumping while domestic demand remains dangerously weak. Shipments to America collapsed 28.6% in November alone, and sluggish import growth exposes the fundamental weakness Beijing refuses to address. French President Macron already threatens tariffs over the massive EU trade gap, and the temporary truce expires late next year with no guarantee it survives.
China's export machine keeps roaring despite trade tensions, with shipments surging to Southeast Asia, Africa, Latin America and the EU while the country races toward its 5% growth target. The trade truce with America has stabilized relations, and economists predict China will capture 16.5% of global export market share by 2030 — thanks to dominance in electric vehicles, robotics and batteries. Advanced manufacturing prowess ensures continued expansion even as protectionism spreads worldwide.
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